Wrisk

SIA, JP Morgan | March 06, 2020

Italian payments giant SIA has hired JP Morgan as financial advisor for all 'extraordinary transactions' - including a possible IPO. The firm, which is controlled by state lender CDP Equity, confirmed last month that it was beginning the listing process. It said then that it could issue ordinary shares on the Mercato Telematico Azionario market by the summer, although a merger with another payment’s player was not ruled out. Reporting its 2019 results, SIA says consolidated revenue...

Financial Management, Fintech

Broadridge | September 13, 2022

As part of its eighth consecutive year being recognized, Broadridge Financial Solutions, Inc., a global Fintech leader, is pleased to announce it ranks #10 on the 2022 IDC FinTech Rankings, rising four places from its 2021 ranking. Broadridge was also named among a select group of companies as a 'Fast Track FinTech,' an accolade given only to those firms that continue to demonstrate consistent year-over-year financial growth. The 19th annual vendor ranking represents leadi...

Great Rock Capital | July 21, 2020

Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the close of a $20 million senior secured credit facility with Horsburgh & Scott, a manufacturer of mission critical, custom engineered gears and gearboxes utilized in heavy industrial machinery. The capital provides Horsburgh & Scott with additional liquidity to support their growing platform. The tailored facility includes a traditional term loan, as well as a revolver...

Fintech

Mastercard | November 26, 2021

Mastercard (NYSE: MA) today announced it has acquired Arcus FI, an alum of the company’s Start Path program, to help support the delivery of bill pay solutions and other real-time payment applications across Latin America. With offices in New York and Mexico City, Arcus helps to enable bill pay and cash-in, cash-out services for some of the biggest billers, retailers, fintechs and traditional financial institutions in the U.S. and Mexico, with expansion into Latin America. I...